WRTBF (Wartsila) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Wartsila LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Wartsila's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Wartsila's long-term debt to total assets ratio declined from Dec. 2023 (0.11) to Dec. 2024 (0.08). It may suggest that Wartsila is progressively becoming less dependent on debt to grow their business.

Wartsila LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wartsila's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wartsila LT-Debt-to-Total-Asset Chart

Wartsila Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.18

0.13

0.11

0.08

Wartsila Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.10	0.09	0.09	0.08

Wartsila LT-Debt-to-Total-Asset Calculation

Wartsila's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	653.403	/	8056.545
	=	0.08

Wartsila's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	653.403	/	8056.545
	=	0.08

Wartsila (OTCPK:WRTBF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Wartsila LT-Debt-to-Total-Asset Related Terms

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Wartsila Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wartsila Corp (OTCPK:WRTBF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

WRTBY:USA WRT1Vh:UK 0IKJ:UK WRT1V:Finland MTA:Germany

Address

Hiililaiturinkuja 2, Helsinki, FIN, FI-00180

Website

https://www.wartsila.com

Wartsila is a global manufacturer of critical equipment and services for the marine and energy market, with operations in over 70 countries. Approximately one-half of the group's sales are derived from the sale of services and spare parts through its network of 258 sales and service network locations. Wartsila is listed on the Nasdaq Helsinki exchange in Finland. Approximately 1 in 3 oceangoing vessels have a Wartsila solution on board, translating into an installed base of over 50,000 vessels and 10,000 customers.